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Jun 23, 2013
06/13
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FBC
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we have lot was federal entities telling us that stimulus and it makes the economy groechlt they say we are safer here. i continuing is an embarrassment and sends a message around the worl that the champion of liberty is move nothing the wrong direction and a bad step for the united states. >> steve, isn't there a dger of sitting back and letting the government decide >> one of the legitimate functions of government is protectings from external enemies and e constitutiowas written by framers who unrstood that governments that protect you can abuse you. take it out on the government. rich hit on something. if the company has in writing certain ord or request and the statute is cited, the company is obligged to do it. if you don't like the law change the law. >> we want to stop thead guy companies can stop the government saying we are getting a ton of lawsuits on our doorsteps and in india, they are allowing tax officials with access to google d facebook data. >> the irs is different. >> india is pressuring to have government officials on-site at research in motion. >> by the way, hold
we have lot was federal entities telling us that stimulus and it makes the economy groechlt they say we are safer here. i continuing is an embarrassment and sends a message around the worl that the champion of liberty is move nothing the wrong direction and a bad step for the united states. >> steve, isn't there a dger of sitting back and letting the government decide >> one of the legitimate functions of government is protectings from external enemies and e constitutiowas written...
90
90
Jun 22, 2013
06/13
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FOXNEWSW
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eye 90
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we have lot was federal entities telling us that stimulus and it makes the economy groechlt they say we are safer here. i continuing is an embarrassment and sends a message around the worl that the champion of liberty is move nothing the wrong direction and a bad step for the united states. >> steve, isn't there a danger of sitting back and letting the government decide? >> one of the legitimate functions of government is protecting us from external enemies and the constitution was written by framers who understood that governments that protect you can abuse you. take it out on the government. rich hit on something. if the company has in writing a certain order or request, and the statute is cited, the company is obligged to do it. if you don't like the law change the law. >> we want to stop the bad guys. companies can stop the government saying we are getting a ton of lawsuits on our doorsteps and in india, they are allowing tax officials with access to google and facebook data. >> the irs is different. >> india is pressuring to have government officials on-site at research in motio
we have lot was federal entities telling us that stimulus and it makes the economy groechlt they say we are safer here. i continuing is an embarrassment and sends a message around the worl that the champion of liberty is move nothing the wrong direction and a bad step for the united states. >> steve, isn't there a danger of sitting back and letting the government decide? >> one of the legitimate functions of government is protecting us from external enemies and the constitution was...
83
83
Jun 23, 2013
06/13
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FBC
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eye 83
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we have lot was federal entities telling us that stimulus and i makes the economy groechlt they say we are safer here. i continuing is an embarrassment and sends a messageround the worl that the championof lirty is moveothing t wrong direction and a bad step for the united states. >> steve, isn't there a danger of sitting back and letting the government decide? >> one of the legitimate functis of government is protecting us from external enemies and e constution was written by framers who understood that governments that protect you can abuse you. take it out on th government. rich hit on something. if the company has in writing a certain order or request, and the stute is cited, the company is bligged to do it. ifou don't like the w chae the law. >> we want to stop the bad guy companies can stop the government saying we are getting a ton of lawsuits on our doorsteps and in india, they are allowing tax officials with access to google and facebook data. >> the irs is different. >> india is pressuring to have government officials on-site at research in motion. >> by e way, hold on a seco
we have lot was federal entities telling us that stimulus and i makes the economy groechlt they say we are safer here. i continuing is an embarrassment and sends a messageround the worl that the championof lirty is moveothing t wrong direction and a bad step for the united states. >> steve, isn't there a danger of sitting back and letting the government decide? >> one of the legitimate functis of government is protecting us from external enemies and e constution was written by...
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Jun 17, 2013
06/13
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CNBC
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it's been five years since the meltdown wreaked havoc on the global economy. they detail their thesis in the newest institutional investor magazine. next is your asia group president ian bremmer. thanks for being here. >> hi, marie a. glad to be here. >> take us through what you deem to be the new abnormal. >> first, asian markets are doing most of the growing at coming out of the financial crisis, and they are much more uncertain, much more volatile. we see that. whether we talk about turkey or brazil, you've got two governments you thought were doing really well just having the worst week of their careers. a lot of uncertainty across the merging market much more than in the united states or japan or even europe structurally in the last five years. and at the global level, the lack of leadership we continue to see, if anything, it's becoming more obvious, more in evidence at the g-8 right now, making it incredibly difficult to either have agreements on things like syria and the middle east which continues to become much more explosive along sectarian lines, o
it's been five years since the meltdown wreaked havoc on the global economy. they detail their thesis in the newest institutional investor magazine. next is your asia group president ian bremmer. thanks for being here. >> hi, marie a. glad to be here. >> take us through what you deem to be the new abnormal. >> first, asian markets are doing most of the growing at coming out of the financial crisis, and they are much more uncertain, much more volatile. we see that. whether we...
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365
Jun 21, 2013
06/13
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CNNW
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>> he said the economy -- >> why? >> they have this thing where you sell on the news and buy on the fear. they like to go out there and make a big stink when anything happens. bernanke said the economy is getting better so we'll stop buying bonds and plowing money into the economy. people said we've been used to this for five years. the fed is propping up the economy. >> interest rates will go up. >> they are. 2.4% today which is high compared to where it's been recently, historically low but high to where it's been. >> is there any sensible rational or is it taking money because they are greedy pigs? >> your phrase. there is never any sense to what wall street does, never. i said that before on this program. >> abby huntsman, do you have anything to say about the global economy? >> absolutely. i'm an expert on anything finance. the stock market goes up and down every day based on the news. i think to bring it back down to every indication shows we are moving in the right direction you look at the housing market, the
>> he said the economy -- >> why? >> they have this thing where you sell on the news and buy on the fear. they like to go out there and make a big stink when anything happens. bernanke said the economy is getting better so we'll stop buying bonds and plowing money into the economy. people said we've been used to this for five years. the fed is propping up the economy. >> interest rates will go up. >> they are. 2.4% today which is high compared to where it's been...
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Jun 18, 2013
06/13
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CNBC
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many, many developing economies where feminism has a role. thank you very much, diana. >> great to be with you. thanks for having me on. >> we're back right after this. my mantra? always go the extra mile. to treat my low testosterone, i did my research. my doctor and i went with axiron, the only underarm low t treatment. axiron can restore t levels to normal in about 2 weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. women, especially those who are or who may become pregnant and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these symptoms to your doctor. tell your doctor about all medical conditions and medications. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet or body swelling; enlarged or painful breasts; problems breathing while sleeping; and blood clots in the legs. co
many, many developing economies where feminism has a role. thank you very much, diana. >> great to be with you. thanks for having me on. >> we're back right after this. my mantra? always go the extra mile. to treat my low testosterone, i did my research. my doctor and i went with axiron, the only underarm low t treatment. axiron can restore t levels to normal in about 2 weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer....
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Jun 19, 2013
06/13
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CNBC
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if market does well when the economy does well. this is just a short-term thing of people addicted to sugar, get them off the sugar, they'll be fine. >> do you think job growth is strong enough? the last four reports, the average growth rate has been about 194,000 jobs. chairman bernanke was suggesting, you know, he's throwing out the caveat that we're talking about a timetable of starting the tapering later this year, assuming that that kind of job growth continues. do you think it will? >> i think, actually, he's doing better, if you look at the household survey, which means it's small businesses that may be more robust than we think. this whole premise that the federal reserve is helping the economy by doing what it's doing, i think needs to be closely re-examined. it's sent credit to things like fannie and freddie, from the federal government to big companies, but it also means that it's been a slow trickle of credit until recently, to smaller businesses, which are the real job creators in this economy. and you look at insuranc
if market does well when the economy does well. this is just a short-term thing of people addicted to sugar, get them off the sugar, they'll be fine. >> do you think job growth is strong enough? the last four reports, the average growth rate has been about 194,000 jobs. chairman bernanke was suggesting, you know, he's throwing out the caveat that we're talking about a timetable of starting the tapering later this year, assuming that that kind of job growth continues. do you think it will?...
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70
Jun 16, 2013
06/13
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FBC
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. >> yeah, i think this is ver good for the economy. i think this is reflecting the fact thatore employed amerins are feelin confident about jobptions and we're starting to see that mobility take shape. i think this is also being seen in our current unemployment re. it's ticked up to 7.6% last month. and that's because more americans are feeling confident to go back into the jobs market fter recor numbers dropped out. i also think it's goodecause we'reing unemployed, the long-term unemployed number. people unemoyed six mths or longer, that number's dropped by about a million as well. >> steve, pe aren't feeling good about the economy. only 18% tnk it's doing well. 82% think it is fair or poorer. >> that's right. and pick your number, david. the fact of the matter is, this is a sloppy labor market, sloppy economic recovery. it's like a baseball player hitting .250. some games he'll look like he's babruth. others like he couldn't get beyond t-ball and little league. a very sluggish economy. >> rick, you have to use a baseball analogy. goo
. >> yeah, i think this is ver good for the economy. i think this is reflecting the fact thatore employed amerins are feelin confident about jobptions and we're starting to see that mobility take shape. i think this is also being seen in our current unemployment re. it's ticked up to 7.6% last month. and that's because more americans are feeling confident to go back into the jobs market fter recor numbers dropped out. i also think it's goodecause we'reing unemployed, the long-term...
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97
Jun 16, 2013
06/13
by
FBC
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eye 97
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andn a good economy, it helps us get a job. the's a reason that tuition continues to ris parents and kidsee there's a real value to having a degree by your name. i think we've got to recognize it's not the education. we get something entirely different of vlue from going to college. >> mike, there's another reason why collegeuition is going up, and that's the government, right? >> well, that's ght. first of all, it sound like john and i shared the same type of college experience. but yes, you'rebsolutely rig. the reason why fewer graduates are earning a return onheir investment or their parents' investment is because government subsidies have raised the tuition of college. and at the same time, david, this is the worst economic recovery we've had snce the depression. so it's haer to earn that return. >> but steve forbes, even if a down economy, and we a growin at anemic rates, the mart still provides some answers, doesn't it? >> it does, david. and what we have here says more about our dysfunctional government than it does abou
andn a good economy, it helps us get a job. the's a reason that tuition continues to ris parents and kidsee there's a real value to having a degree by your name. i think we've got to recognize it's not the education. we get something entirely different of vlue from going to college. >> mike, there's another reason why collegeuition is going up, and that's the government, right? >> well, that's ght. first of all, it sound like john and i shared the same type of college experience....
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Jun 18, 2013
06/13
by
CNBC
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we don't have the data strengthening the economy support we want or for the fed to walk away. finally, the fed said they would be committed and stick with the stimulus until we see the unemployment rate go under 6.5%. we're nowhere near. we actually upticked last month. that's why we think it's the lower end of the range, a buying opportunity in gold. >> so you think the fed is not going to back away, buy gold her. anthony, what kind of move to you think gold is going to make tomorrow in your view? >> jackie, i think it's completely wrong to buy gold her. this show is kaulgd futures and he's still looking at the past for decisions he's making on gold. the fed has been easing for a year and a half and gold has done nothing but drop. it's all about inflation, inflation according to that cpi number, jeff is right, doesn't exist at this point. it's even detached from the dollar which has shown weakness and gold is still lower right now. so i don't think it really matters what the fed does. if they continue their qe, it won't matter to gold. it's still going lower. if they decide t
we don't have the data strengthening the economy support we want or for the fed to walk away. finally, the fed said they would be committed and stick with the stimulus until we see the unemployment rate go under 6.5%. we're nowhere near. we actually upticked last month. that's why we think it's the lower end of the range, a buying opportunity in gold. >> so you think the fed is not going to back away, buy gold her. anthony, what kind of move to you think gold is going to make tomorrow in...
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Jun 19, 2013
06/13
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CNBC
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they are all coming down. >> no, i think the economy is fine. i mean, remember the amount of fiscal drag. look at real consumer spending, growing at about a 2% to 3% pace in the first half of the year. that's great if you're bringing the deficit down. we've got a lot of fiscal drag and the economy is dealing with that. i think we're seeing good numbers on housing. i think we're seeing good numbers on consumer spending. everything is not right in business or manufacturing, i get that, there's a lot of weakness in the world economy, but overall the economy is absorbing a huge amount of fiscal draug drag right now. i think it's powering through that, and i think it's actually got less to worry about.right n. i think it's powering through that, and i think it's actually got less to worry about. >> it's a very big footprint. >> something that's very important to remember. >> just to reiterate, there's no explicit indication from the fed that it's close to scaling back its bond-buying program. bob pisani, the markets have been moving lower on this. cu
they are all coming down. >> no, i think the economy is fine. i mean, remember the amount of fiscal drag. look at real consumer spending, growing at about a 2% to 3% pace in the first half of the year. that's great if you're bringing the deficit down. we've got a lot of fiscal drag and the economy is dealing with that. i think we're seeing good numbers on housing. i think we're seeing good numbers on consumer spending. everything is not right in business or manufacturing, i get that,...
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115
Jun 15, 2013
06/13
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FOXNEWSW
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eye 115
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. >> yeah, i think this is very good for the economy. i think this is reflecting the fact that more employed americans are feeling confident about job options and we're starting to see that mobility take shape. i think this is also being seen in our current unemployment rate. it's ticked up to 7.6% last month. and that's because more americans are feeling confident to go back into the jobs market after record numbers dropped out. i also think it's good because we're seeing unemployed, the long-term unemployed number. people unemployed six months or longer, that number's dropped by about a million as well. >> steve, people aren't feeling good about the economy. only 18% think it's doing well. 82% think it is fair or poorer. >> that's right. and pick your number, david. the fact of the matter is, this is a sloppy labor market, sloppy economic recovery. it's like a baseball player hitting .250. some games he'll look like he's babe ruth. others like he couldn't get beyond t-ball and little league. a very sluggish economy. >> rick, you have t
. >> yeah, i think this is very good for the economy. i think this is reflecting the fact that more employed americans are feeling confident about job options and we're starting to see that mobility take shape. i think this is also being seen in our current unemployment rate. it's ticked up to 7.6% last month. and that's because more americans are feeling confident to go back into the jobs market after record numbers dropped out. i also think it's good because we're seeing unemployed, the...
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Jun 19, 2013
06/13
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CNNW
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eye 150
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most americans still think the economy is in poor shape. the number of people saying the economic conditions are good is 75% up from 26%. this is important because when people feel good about the economy and all of that does contribute to economic growth. on a personal level only 33% saying they are personally better off. 44% say they are financially worse off than they were one year ago which didn't bode well for this recovery. there are still 12 approximamil americans out of work and americans are split. 50% saying economic conditions will be good in the summer of 2014. 49% say they will be bad. >> thanks. hold on. i want to bring in clyde. how do we make ourselves feel better about our own situation? >> we have to be realistic and not listen to the nay sayers. >> that's hard. >> it's coming from every direction. if i've lost my job and my neighbor hasn't, i'm going to feel it a lot different than they have. when you look at the polls a lot of people that say it's better probably still have their job or got new strings of income, addition
most americans still think the economy is in poor shape. the number of people saying the economic conditions are good is 75% up from 26%. this is important because when people feel good about the economy and all of that does contribute to economic growth. on a personal level only 33% saying they are personally better off. 44% say they are financially worse off than they were one year ago which didn't bode well for this recovery. there are still 12 approximamil americans out of work and...
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Jun 17, 2013
06/13
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WRC
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. >>> right now the leaders of the world's largest economies are attending dinner in ireland. president obama met with vladimir putin with syria at the top of the agenda. the issue is reminiscent of the cold war era with the u.s. and russia on different sides of the table. russia supports bashar al assad. the u.s. supports the other side. >> that summit is playing out amid allegations that the u.s. helped the united kingdom spy on diplomats during a previous summit. according to "the guardian," british hacked the phones and e-mails of britain. documents from edward snowden, the man who says he is behind the nsa leak. >>> if you live in virginia, you helped pay for vitamins for governor bob mcdonald's dog and other personal items, including his sunscreen and body wash. according to "the washington post," the mcdonald's used taxpayer money for stuff that they should have bought on their own. they billed the state for things like shoe repairs and their kids' dry cleaning. "the post" claims that someone even told them that they should be paying for the items themselves. the mcdona
. >>> right now the leaders of the world's largest economies are attending dinner in ireland. president obama met with vladimir putin with syria at the top of the agenda. the issue is reminiscent of the cold war era with the u.s. and russia on different sides of the table. russia supports bashar al assad. the u.s. supports the other side. >> that summit is playing out amid allegations that the u.s. helped the united kingdom spy on diplomats during a previous summit. according to...
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Jun 21, 2013
06/13
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FOXNEWSW
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and he's not talking about a flood of new jobs coming into the economy tither. he's got to quit the printing money at some point. he's hinting he will do it soon but he's not leaving a strong underlying economy underneath it. that's why to some degree you have got the selloff in the stock market. martha: an all female jury will decide if george zirmman committed murder when he shot and killed teenager trayvon martin. today we expect we'll hear whether a potentially critical piece of evidence will be admissible during this trial. phil keating is live in miami. this hearing focuses on that 911 call we heard so much. in that call we hear the gunshot, right? >> right. this is potentially decisive expert testimony money that can persuade this jury to go guilty or not guilty. whether it's george zimmerman's voice or trayvon martin's voice screaming in the audio tape. even saying quote, i'm begging you. but the defense has its own experts saying it's zimmerman yelling. experts say it's impossible to tell given the quality of the tape. >> 911, do you need police or medi
and he's not talking about a flood of new jobs coming into the economy tither. he's got to quit the printing money at some point. he's hinting he will do it soon but he's not leaving a strong underlying economy underneath it. that's why to some degree you have got the selloff in the stock market. martha: an all female jury will decide if george zirmman committed murder when he shot and killed teenager trayvon martin. today we expect we'll hear whether a potentially critical piece of evidence...
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141
Jun 19, 2013
06/13
by
CNBC
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what's your outlook on the american economy right now? >> i think we've not only seen stability in it, but i think sort of a brightening horizon, full. i think people are feeling more optimistic in it. i think it's, you know, harder if you get down into the blue collar part of it. i talk with our friends at walmart. i think they still see stress, you know, in -- in the economy in many of their customers. as you move up the economic scale, i think, you know, which is what leads -- tends to lead the economy, i think you see optimism. >> you've been a big supporter of president obama over the years. tod today is, of course, fed day. do you think president obama should keep ben bernanke around? >> you've gone beyond my pay grade. obviously we've had eight years of incredible leadership from him, and i think he's done a pretty remarkable job, put a very steady hand, to you know, over an economy that's had a very challenging period of time, and that's pretty historical in that regard so i'm not sure what the right answer is to that, but i think
what's your outlook on the american economy right now? >> i think we've not only seen stability in it, but i think sort of a brightening horizon, full. i think people are feeling more optimistic in it. i think it's, you know, harder if you get down into the blue collar part of it. i talk with our friends at walmart. i think they still see stress, you know, in -- in the economy in many of their customers. as you move up the economic scale, i think, you know, which is what leads -- tends to...
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121
Jun 18, 2013
06/13
by
CNBC
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eye 121
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economy would not only be a stall on the u.s. economy as we see the policies set be i the fed are being imitated this is what draggy has been doing in europe and in japan. i many own sense is that for a short period of time, probably another two or three quarters. it's important for america to continue to provide the leadership that will allow a global recovery to occur. then we do have to get on with the business of solving structural issues. i don't think it will be easier to solve structural issues if we find ourselves back in the state in the recovery we currently have is going to be questioned. >> i think that's right nevada the confidence fa we node to keep if economy going seems to be correlated to the market's perception of what the fed is doing. and maybe we're surprised by that a little bit because the fundamentals shouldn't be so checked. but the pact is, they are. the psychology, the canesian animal spirits, if you will, seem to be realed to the market's reactions to where the fed is on the issue. and i think what you
economy would not only be a stall on the u.s. economy as we see the policies set be i the fed are being imitated this is what draggy has been doing in europe and in japan. i many own sense is that for a short period of time, probably another two or three quarters. it's important for america to continue to provide the leadership that will allow a global recovery to occur. then we do have to get on with the business of solving structural issues. i don't think it will be easier to solve structural...
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172
Jun 20, 2013
06/13
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CNBC
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eye 172
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that the economy is stronger. and that it is a lack of confidence in the economy's ability a to stand on its two feet without all of this liquidity. >> and do you think this is old-fashioned profit taking? we've had good gains for 2013. we've had good gains for last four years. is it time to take something off the table for that reason. >> think i so. and a couple dayes with twloost days of run up with the announcement yesterday was short-covering. so i think you have people on the shore wagon as well. i think it is a combination of profits and the move down today. >> have you a triple witch tomorrow right? expiration coming tomorrow. how does that impact things? >> i think that exaggerates the moods. usually you see a lot of activity and volume and movement. and what we have seen the last few days is a heavy down days. i think the on coming combination exaggerate the move and puts pressure in that direction of the movement in this case down and exaggerate this move. not quite a bit but, significantly amount today
that the economy is stronger. and that it is a lack of confidence in the economy's ability a to stand on its two feet without all of this liquidity. >> and do you think this is old-fashioned profit taking? we've had good gains for 2013. we've had good gains for last four years. is it time to take something off the table for that reason. >> think i so. and a couple dayes with twloost days of run up with the announcement yesterday was short-covering. so i think you have people on the...
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136
Jun 19, 2013
06/13
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MSNBCW
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eye 136
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. >>> hi, everybody, good morning, i'm thomas roberts. topping our agenda today, republican revolt. as we speak outspoken gop critics of immigration reform are holding court on capitol hill. and they're led by iowa's steve king. these republicans, they're staging a six-hour
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. >>> hi, everybody, good morning, i'm thomas roberts. topping our agenda today, republican revolt. as we speak outspoken gop critics of immigration reform are holding court on capitol hill. and...
SFGTV2: San Francisco Government Television
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29
Jun 17, 2013
06/13
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SFGTV2
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colleagues were able to pass a budget that solved san francisco start to reverse the tide in terms of our economy by reinstating additional revenue and supporting small businesses, enhancing our public safety by holding three police academy and one fire academy and starting to address our needs in terms of open space and pedestrian safety. the city is continuing our efforts and being fiscally responsible by for the first time in san francisco's history, passing a two-year budget which creates a better for all those interested in the budget, to see the path that we are laying down and having a five-year financial plan. that insurances the systematic prudent and fiscally responsible vision of the city. it is important for us to know what lies ahead, to better prepare the city to address the challenges of the future. but also to learn from what we have done before. i look forward to hearing from all of you today about what you think should be priorities of san francisco in district 7 and district 4. i strongly believe that putting all of our minds to the task we will get a better out come. i would l
colleagues were able to pass a budget that solved san francisco start to reverse the tide in terms of our economy by reinstating additional revenue and supporting small businesses, enhancing our public safety by holding three police academy and one fire academy and starting to address our needs in terms of open space and pedestrian safety. the city is continuing our efforts and being fiscally responsible by for the first time in san francisco's history, passing a two-year budget which creates a...
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113
Jun 20, 2013
06/13
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CNBC
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eye 113
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zee an economy going through withdrawal and some of the economy and it's not a lot of it was addicted to this cheap money. the reality is i like what the fed chairman did. he came out with this when the market was near its top. had he done that when the market was down 200 s&p point from here it might be a different story, but i like the fact that he's let a little of this fluff come off, and i'm a buyer of this break and with the withdrawal comes and aren't you supposed to have some positive feeling before you hit withdrawals? >> it's not only that. it's the policy itself that i'm objecting to. >> katie, welcome to the show. you've got to jump in. this is a rough crowd. you've got to jump in. i'd like it hear your take on today's market on the inerds of this market including gold which got slaughtered today and only the dollar held up nicely. what did you learn from looking inside the market whether it's trading volume or sectors in the s&p. what did you learn? >> a lot of things from today, in fact. it was a very important day in a lot of levels and volume was one thing that bears p
zee an economy going through withdrawal and some of the economy and it's not a lot of it was addicted to this cheap money. the reality is i like what the fed chairman did. he came out with this when the market was near its top. had he done that when the market was down 200 s&p point from here it might be a different story, but i like the fact that he's let a little of this fluff come off, and i'm a buyer of this break and with the withdrawal comes and aren't you supposed to have some...
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Jun 17, 2013
06/13
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the health care economy where everybody is doing really well, except maybe the nurses and doctors. but the people that sell the equipment, the people that make the drugs, the people that run the allegedly nonprofit hospitals are all making ridiculous amounts of money. >> so you mean the doctors who spend 12, sometimes 15 years just preparing to be a doctor are making less money? >> far less. unless they've gained the system to start a clinic or send patients or they consult for a drug company, they're not making the big bucks. the guys who make the cat scan equipment or, you know, the pharmaceutical sales, pharmaceutical executives, the hospital administrators, your local nonprofit hospital, without even knowing it, i can tell you that the guy who runs your local hospital in little rock makes well over a million and a half dollars a year. >> far more than any of the physicians are going to be making, who are saving people's lives, digging into their brains and -- >> and you know, of all of the people you want to get the most money for the system, it is the guy you're looking at whe
the health care economy where everybody is doing really well, except maybe the nurses and doctors. but the people that sell the equipment, the people that make the drugs, the people that run the allegedly nonprofit hospitals are all making ridiculous amounts of money. >> so you mean the doctors who spend 12, sometimes 15 years just preparing to be a doctor are making less money? >> far less. unless they've gained the system to start a clinic or send patients or they consult for a...
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Jun 18, 2013
06/13
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and if you look at our economy, our economy which is beginning to gain strength, the economy is beginning to get its legs under it, it, too, needs the labor market certainly that would come from immigration reform. so let's seize this opportunity, mr. president, to pass commonsense legislation that our constituents expect. mr. president, i'm looking right over the dais and on -- above the dais i see e pluribus unum. out of many, one. that's a simple motto, it's engraved in this great senate chamber, and it's one of the daily reminders that we are a nation of immigrants. throughout our history, millions of immigrants, including my ancestors and yours braved hardship and great risks to come here. and why was that, mr. president? they sought freedom, they sought opportunity, they wanted a better life for their families. and today's immigrants in that same spirit continue to brave great risks and hardship to attain the american dream. we've heard from fellow americans who are opposed to fixing our broken system, those who, unfortunately, see immigrants as a burden on our country or who want t
and if you look at our economy, our economy which is beginning to gain strength, the economy is beginning to get its legs under it, it, too, needs the labor market certainly that would come from immigration reform. so let's seize this opportunity, mr. president, to pass commonsense legislation that our constituents expect. mr. president, i'm looking right over the dais and on -- above the dais i see e pluribus unum. out of many, one. that's a simple motto, it's engraved in this great senate...
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Jun 21, 2013
06/13
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KTVU
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they are sipping the success of adding 123 million to the local economy. those numbers are coming from a new study by the county economic development board. craft beer sales by volume went up 15% nationwide last year, be they jumped 41% in sonoma county. that's where the industry supports 500 jobs. >>> all right. 7:55. let's check in with tara in for sal. what's going on in the east bay. >> we have an accident in hercules. one with a big rig hauling ten portable toilets on 80 eastbound on highway 4. definitely want to stay away from there. there's problems on highway 4. westbound at hillcrest avenue, you can see the backup there. we'll keep an eye on it for you. up next, the bay bridge toll plaza, bottleneck from just past the macarthur maze all the way through the metering lights. it's easing up somewhat. still slow going into san francisco this morning. and finally, 237 milpitas. this is kind of a rare sight. westbound traffic on the upper portion of your screen there, westbound towards sunnyvale. looking pretty good. >>> here's steve. >> clear skies. no
they are sipping the success of adding 123 million to the local economy. those numbers are coming from a new study by the county economic development board. craft beer sales by volume went up 15% nationwide last year, be they jumped 41% in sonoma county. that's where the industry supports 500 jobs. >>> all right. 7:55. let's check in with tara in for sal. what's going on in the east bay. >> we have an accident in hercules. one with a big rig hauling ten portable toilets on 80...
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Jun 18, 2013
06/13
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do we see a better economy? or do we see the sequester take some oompf out of the economy in. >> there are two significant issues. number one, earnings have been good, but revenue growth is slowing. economic data is mixed. again, we have some manipulation in the economic numbers based on moving the fed's balance sheet from 500 billion to 3.4 trillion. i also think we have to be cognizant of the fact that investors still have not gained full confidence. they're still weary, they're still concerned. just take a look at a 10% drop in gold one day, or 8% drop in japan, which followed through to a total of 20% loss, and it shows you the first sign that investors get that things are not as good as expectations, or that there will be any type of pullback in the liquidity run, they'll go running for the hills. i'm not saying run out of equity. we love equity long term. there's too many ways to be -- too many reasons to be bullish on equity. but my point is second half stay disciplined. don't let those equity bounces in
do we see a better economy? or do we see the sequester take some oompf out of the economy in. >> there are two significant issues. number one, earnings have been good, but revenue growth is slowing. economic data is mixed. again, we have some manipulation in the economic numbers based on moving the fed's balance sheet from 500 billion to 3.4 trillion. i also think we have to be cognizant of the fact that investors still have not gained full confidence. they're still weary, they're still...
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Jun 20, 2013
06/13
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CNBC
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in fact, i think the economy -- the real economy where we spend our time is actually many a little stronger than the numbers show and, again, we talk about a few minutes ago housing is really important. housing has led every recovery to participate in a big way. even bigger than the numbers. housing punches its way because it affects people's attitude. also, ag is doing relatively well. energy. who would have guessed that we would be potentially -- >> peak oil, the whole notion of it, the notion of peak oil, you have 1,000 year's worth now if you take china's reserve and everyone's reserve. >> we have not hit peak hydrocarbon. >> what we know today, we think we have 100 years or so in the u.s. what we might know 20 years from now could be 500. >> the way the information is going, i'm looking at all of this. when computers start designing themselves and everything else, we're going to move on to something else. you didn't run out of stones. >> the key is, we have now figured how to extract it from different types of things. >> right. >> we know there's more energy in the things we can't get
in fact, i think the economy -- the real economy where we spend our time is actually many a little stronger than the numbers show and, again, we talk about a few minutes ago housing is really important. housing has led every recovery to participate in a big way. even bigger than the numbers. housing punches its way because it affects people's attitude. also, ag is doing relatively well. energy. who would have guessed that we would be potentially -- >> peak oil, the whole notion of it, the...
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Jun 19, 2013
06/13
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CNBC
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is it a recognition the economy might be better than we think? are we starting to work in the taper? why are rates going up? >> rates aren't going up, scott. they're sideways. they went up earlier and they went up to about 2.30% on the ten-year which we talked about a few weeks ago and since then they're just bouncing around. rates really aren't rising. they're going sideways, and i think actually rates are going to start falling. i think the place, the one place that you're likely to make money in the next several weeks, maybe couple of months, is actually, believe it or not, the most hated asset class on the planet, long-term u.s. government bonds. that's what i think is going to be the most successful investment, and looking at to the reach that conclusion is the fact that there is no inflation anywhere. there's no sign of inflation. when you look at the commodity market in particular, it really looks bad. i mean, look at where copper is. look at where gold is. look at where gold is in foreign currencies. i mean, it's hitting new lows in terms
is it a recognition the economy might be better than we think? are we starting to work in the taper? why are rates going up? >> rates aren't going up, scott. they're sideways. they went up earlier and they went up to about 2.30% on the ten-year which we talked about a few weeks ago and since then they're just bouncing around. rates really aren't rising. they're going sideways, and i think actually rates are going to start falling. i think the place, the one place that you're likely to...
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Jun 15, 2013
06/13
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>> encore cost nearly $2.3 billion, a risky bet in a bad economy. why, in this economic environment, would you open a hotel? >> well, i'll tell you right now that if i had any idea this-- i wouldn't, if i had a choice, but this project was started four years ago. these things have a huge lead time. >> the gambling industry has been battered by the recession and taken the city of las vegas down with it. some casinos stand half built. unemployment is over 10%. and while steve wynn has had to slash employees' pay and lower room prices, he plows ahead, doing whatever it takes to get customers to his new hotel. >> this is encore. [dramatic orchestral music] ♪ >> and, yes, he really was sitting on top of the building. >> next time, we do this in the lobby. >> the encore is connected to his other las vegas hotel, the wynn, and he has a third in macau, china. inside, his hotels are fantasy lands for well-heeled adults. he brought gourmet restaurants and high-end shopping to the strip. his hotels may be extravagant, but his business strategy is conservativ
>> encore cost nearly $2.3 billion, a risky bet in a bad economy. why, in this economic environment, would you open a hotel? >> well, i'll tell you right now that if i had any idea this-- i wouldn't, if i had a choice, but this project was started four years ago. these things have a huge lead time. >> the gambling industry has been battered by the recession and taken the city of las vegas down with it. some casinos stand half built. unemployment is over 10%. and while steve...
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Jun 17, 2013
06/13
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if they are looking through rose-colored glasses and thinking that the economy is in fact better off than it actually is and they make a policy decision as a result of the shaded view of what the real picture is, that's a problem. that's why i asked the question, that's all. >> i think the fed is in or around the market for the second half of the year. there's expected to be an acceleration. another thing we didn't talk about is the market's view and the fed's view about the impact of sequester. think so far the market has been re-evaluating that and expecting a little bit more growth and i think it's right to think that fed policy was oriented somewhat towards offsetting the sequester effects and to the extent that that's less it would make an argument for less qe in the months eye head when that becomes clear. >> good stuff as always, good to talk to you. >> steve liesman back at headquarters. >>> volatility has ruled the day lately. if our next guest is right, better get used to it. steven whiting is chief investment strategist for city wide bank. where do you weigh in on what hap
if they are looking through rose-colored glasses and thinking that the economy is in fact better off than it actually is and they make a policy decision as a result of the shaded view of what the real picture is, that's a problem. that's why i asked the question, that's all. >> i think the fed is in or around the market for the second half of the year. there's expected to be an acceleration. another thing we didn't talk about is the market's view and the fed's view about the impact of...
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Jun 21, 2013
06/13
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MSNBCW
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tonight on "all in", if you still possess the ability to be shocked by the corruption that crashed our economy, then you're going to be shocked by the report "rolling stone" has for us tonight. that's coming up. also a shocking turn of events on the house floor as the house speaker brings crucial legislation to the floor and watches it go down in flames. i'll tell you why what's bad for john boehner is good for the
tonight on "all in", if you still possess the ability to be shocked by the corruption that crashed our economy, then you're going to be shocked by the report "rolling stone" has for us tonight. that's coming up. also a shocking turn of events on the house floor as the house speaker brings crucial legislation to the floor and watches it go down in flames. i'll tell you why what's bad for john boehner is good for the
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Jun 18, 2013
06/13
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our economy and our democracy. so i'm not the least bit surprised. i'm pleased that in this case, which is an older case, that it was solved efficiently. >> mr. kallstrom, you say that you believe that trust has been promised for the american people. what should the response be? how do you regain that trust? how do we set the system straight? >> by having people that pontificate on television tell the truth. if they can't tell the truth for reasons of classification, then they say so. but, you know, i'm not saying that the ends justify the means in any case, even if the trust of the government was 90%, which it never will be, but it clearly doesn't help to have all these things going on about benghazi and the irs and all these other things. you know, it costs a crooked eye to the whole government. it's going to be difficult to maintain these types of systems -- >> so what -- forgive me. i don't mean to interrupt. you have a problem probably with the line here. what is the truth that you believe is not being said in public that needs to be said? >> yo
our economy and our democracy. so i'm not the least bit surprised. i'm pleased that in this case, which is an older case, that it was solved efficiently. >> mr. kallstrom, you say that you believe that trust has been promised for the american people. what should the response be? how do you regain that trust? how do we set the system straight? >> by having people that pontificate on television tell the truth. if they can't tell the truth for reasons of classification, then they say...
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Jun 20, 2013
06/13
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fo .4 of a percent is still way over the growth of economy. this is still a very unattractive rate on treasury securities here. >> of course, it is. but where is it historically? >> dividends are increasing 10 to 15% a year with yields that are now 2, 2.5%. i think that's a winning combination. >> schree? >> i would say in ten years it looks like a significant point to change right now. i look in the sharp term to have a deflation. that's what you're getting in terms of prices. so a 2.4% yield on the ten-year is an extremely attractive yield to go into. and so it doesn't become unattractive until you're well below 2%, so i would say the time to switch is today. >> can i just end this really quickly on a completely different topic, but it does tie into monetary policy. schree, i believe for the first time ever and now on national tv, you have switched and you're now a buyer. >> i am now a buyer. i accept from 2011, i said don't buy gold before it goes to 1300. again, it was a lonely call. there was nobody going with it. but now that we have gon
fo .4 of a percent is still way over the growth of economy. this is still a very unattractive rate on treasury securities here. >> of course, it is. but where is it historically? >> dividends are increasing 10 to 15% a year with yields that are now 2, 2.5%. i think that's a winning combination. >> schree? >> i would say in ten years it looks like a significant point to change right now. i look in the sharp term to have a deflation. that's what you're getting in terms of...
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Jun 19, 2013
06/13
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economy? where is it? >> the fed has been above consensus of everybody in where the economy is. >> but where is the strength? i feel better against europe and china. >> and oil and gas. >> and the unemployment numbers from those districts are amazing. >> and the housing and the ripple effect that you have pointed out from housing many times. >> and nordstroms. >> and autos doing pretty well. >> restoration hardware. and housing, we could use 2 million homes. you are right. you are right. i'm saying that if you are the fed and say 6.5% unemployment, we are not there. >> we are not there yet. but we may be getting there. taking a look at the futures. >> well, quickly, the banks, jim, that you said are the most impornt sector to keep an eye on, and they are lower this morning by a half percent. >>le with, people are not buying my rap on that stuff. banks are too high, and this guy who is a pop-off jamie dimon said that the rates he will do $2 billion more with the higher rates, but who is he? who
economy? where is it? >> the fed has been above consensus of everybody in where the economy is. >> but where is the strength? i feel better against europe and china. >> and oil and gas. >> and the unemployment numbers from those districts are amazing. >> and the housing and the ripple effect that you have pointed out from housing many times. >> and nordstroms. >> and autos doing pretty well. >> restoration hardware. and housing, we could use 2...
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Jun 20, 2013
06/13
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economy and to cisco? >> i think this is where the fed deserves a lot of credit in the last couple of years. we haven't done things with deficit spending and repatriation to stimulate the economy. the fed used all of the skills that they had. so you've got a track record of calling it right. if they believe it's time to slowly taper back a little bit, the main thing is the economy is in better shape. >> it's not tapering that you want, you want tax reform in the united states. you want to get that money which you have to hold off shore for u.s. jobs, yes? >> the u.s. tax system is broken. we've waited for years for it to come back. we're assuming that's not going to happen. we don't think that it's going to happen. that's why you see me traveling throughout asia pacific, throughout europe and you've seen the majority of our acquisitions in the past year in terms of the big ones, at least half over seas. >> you can't repay the try eight the $47 billion? >> i can't repay the try eight the $47 billion. i'm on
economy and to cisco? >> i think this is where the fed deserves a lot of credit in the last couple of years. we haven't done things with deficit spending and repatriation to stimulate the economy. the fed used all of the skills that they had. so you've got a track record of calling it right. if they believe it's time to slowly taper back a little bit, the main thing is the economy is in better shape. >> it's not tapering that you want, you want tax reform in the united states. you...
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Jun 20, 2013
06/13
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KQED
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the basic economy around the world is okay. the u.s. is growing somewhere around 2.5%. >> rose: better than europe but not as good as china. >> and purpose's pretty much hit the bottom where it's going to go. it's gather no net gross now and asia has slowed down. it's getting close to a bottom, and we'll have global growth somewhere in the 3.5%, 3.75% zone. so we're not looking at things going backwards. potentially a little bit in asia with you there's still plenty of growth there. china for example, escort of a worst case most people look at would be 6 to 7. the chinese themselves are thinking 7 to 8 to just be not put a precise point to it. any time you have major countries growing at that level, somebody may be critical, it's a little slower than the old 9 or 10 but it's still remarkable. so the overall environment isn't as pessimistic if you will, as it's been. u.s. in particular is quite interesting because we have a revolution going on in the energy business in the united states, which is presenting -- >> rose: what impact on the
the basic economy around the world is okay. the u.s. is growing somewhere around 2.5%. >> rose: better than europe but not as good as china. >> and purpose's pretty much hit the bottom where it's going to go. it's gather no net gross now and asia has slowed down. it's getting close to a bottom, and we'll have global growth somewhere in the 3.5%, 3.75% zone. so we're not looking at things going backwards. potentially a little bit in asia with you there's still plenty of growth there....
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Jun 22, 2013
06/13
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the economy has to grow on its own volition. you cannot have this artificially-induced said said -- fed stimulus. itke any drug, it wears off. may have already started. it is not as effective, so we might see some corrections in the market going forward. the fed might come out like bullard came out and said, -- and say, he is only kidding. he is not kidding.the markets are already moving against it. we will see how far it goes. right now, raising taxes is a hotly-debated economic issue. most economists -- ic issuebated economy among economists. you can imagine what site i am on. i am not in favor of tax hikes because it kills the timing. christina romer said that is true. the endgame said -- the end game is not going to be pretty. host: an editorial cartoon shows fed chairman ben bernanke pulling the rug on quantitative easing.stephen idaho falls, idaho. falls, idaho.aho good morning. caller: good morning. i was wondering if printing dollars is a flat tax that president obama and his administration could not possibly pass otherw
the economy has to grow on its own volition. you cannot have this artificially-induced said said -- fed stimulus. itke any drug, it wears off. may have already started. it is not as effective, so we might see some corrections in the market going forward. the fed might come out like bullard came out and said, -- and say, he is only kidding. he is not kidding.the markets are already moving against it. we will see how far it goes. right now, raising taxes is a hotly-debated economic issue. most...
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Jun 19, 2013
06/13
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FBC
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overall it has been down, they are cost-cutting it ll help the bottom line, economy showing some life. if you have been o a plane they ar jam-packed. neil: how can that be pleasant? jared, i know you don't kno what commercial flying is, but how can it be pleasant? >> i am just not, i am a new pilot. i fly privately. neil: listen to you. >> no, no, i wish i could live the life capin of a major airline 30 years a. you getn plane now, it is like a cattle ride, we have gotten okay with that, but i don't think that buying an airline is a gd investment, they are bound by the price of oil, the areutting costs yes, they are making planes more fuel efficient, but again this is predicattd onil and communication tha changes. neil:ut, do you buy that ople are happier with this experice, i do not. >> no. neil: ink they are interviewing zombies. >> thelane is full. neil: you could have a blaine full of zombies. >> no matter wat you carry, buy the stock, demand it there. >> okay. >> housing starts? you have who to wonder -- you have to wonder with latest housing data. they a still up, 7 7% over last
overall it has been down, they are cost-cutting it ll help the bottom line, economy showing some life. if you have been o a plane they ar jam-packed. neil: how can that be pleasant? jared, i know you don't kno what commercial flying is, but how can it be pleasant? >> i am just not, i am a new pilot. i fly privately. neil: listen to you. >> no, no, i wish i could live the life capin of a major airline 30 years a. you getn plane now, it is like a cattle ride, we have gotten okay with...
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which is the the normal side of things in a healthy economy and the deadly side of things when you have a cancer like an asset bubble this is going to cause that's meaning that demands exceeds income when you start having this decline in people liquidating the debt then demand is less than income and the economy can go into a permanent slump and that's again this is japan does cameron want to britain into another japan it looks like with this policy he does without even knowing that he's doing it which is why is it that we must buy certain saudis brian. steve came chancellor of the exchequer george osborne says he wants to reduce debt in britain while simultaneously line thing help the bison which is an increase in debt so my simple question is is the chancellor lying i think the chancellor like most politicians is focusing on the level of government debt not on the level of household and profit and i think that's the real problem the cause of this process was an out of control private banking sector lending to the private sector to encourage it to speculate on assets even though it may
which is the the normal side of things in a healthy economy and the deadly side of things when you have a cancer like an asset bubble this is going to cause that's meaning that demands exceeds income when you start having this decline in people liquidating the debt then demand is less than income and the economy can go into a permanent slump and that's again this is japan does cameron want to britain into another japan it looks like with this policy he does without even knowing that he's doing...
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Jun 21, 2013
06/13
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CNBC
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they are more credit sensitive, and steve just mentioned, hey, we think that the economy is going to continue to go along quite well. you're not going to have bankruptcies in high yield and even slow growth will alol two companies to continue to chug along pay a much higher interest rate now than what they were a couple of weeks ago, and it really represents, we think, probably the best value out there in fixed income. >> we're making this a very actionable friday, okay, so our viewers, maybe they believe, what do i do? i can't go out and buy a double p-minus corporate credit? what's the easiest way for the audience to play what you're saying? >> certainly can you go to a managed high-yield fund and go to an etf and our concerns with an etf, being an adviser and manager, is you can't really distinguish good bonds from bad bonds and there are good bonds out there in junk land so find an adviser you can trust who has a fund that's well diversified in high yield. play there. >> meantime, steve, you've been telling everybody out there to sell every single bond they have. >> right. i mean
they are more credit sensitive, and steve just mentioned, hey, we think that the economy is going to continue to go along quite well. you're not going to have bankruptcies in high yield and even slow growth will alol two companies to continue to chug along pay a much higher interest rate now than what they were a couple of weeks ago, and it really represents, we think, probably the best value out there in fixed income. >> we're making this a very actionable friday, okay, so our viewers,...
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Jun 21, 2013
06/13
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the economy is getting better. but i think you have to slowly put your money that you have on the sidelines into cash. yesterday money only went to cash. you know, the commodity complex sold off. the bonds sold off. equities sold off. emerging markets got hammered. i think there's more dry powder on the sidelines. i think we just have to see if certain levels hold. but we're still very constructive going forward with a 1650 to 1700 s&p target. the problem is this. when volatility increases, anxiety increases. and investors seek certitude. the fed did not give us full certitude because they were talking one thing while the market was bringing rates up ahead of them. i think it's something we have to watch and just be flexible right now. >> you bring up an interesting point. the algorithms and the computerized trading. we've talked, you know, we were yus talking about someone else who was mentioned in morning money. i know that's something ron baron mentioned. doug cass was just talking about that. how big of a probl
the economy is getting better. but i think you have to slowly put your money that you have on the sidelines into cash. yesterday money only went to cash. you know, the commodity complex sold off. the bonds sold off. equities sold off. emerging markets got hammered. i think there's more dry powder on the sidelines. i think we just have to see if certain levels hold. but we're still very constructive going forward with a 1650 to 1700 s&p target. the problem is this. when volatility increases,...
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Jun 18, 2013
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. >>> the british economy is about to get a $400 million boost thanks to none other than will and kate's special delivery. royal baby sleepwear, booties and so much more will be big biz for the royal family and retailers. >>> and check out this $3,000 watermelon. boy, i sure hope it's worth it. these black skinned melons grown only in japan's northern island of hokido are dense and sweeter than regular watermelons. >>> three sport radios hosts have been fired for going over the line. you got to hear about this one. >>> and former nba star allen iverson is accused of abducting his five children. >>> plus, will brad pitt's world war z be a blockbuster or a bust? next. >>> all right. time to get the latest in sports now. game three of the stanley cup finals, bruins daniel paille rips a shot past goaltender corey crawford for a 1-0 lead. now ten minutes later patrice bergeron is left open on the back post for an easy power play goal making it 2-0, bruins. the bruins hold on to win, giving them a 2-1 series lead. >>> here is a bizarre story involving former nba star allen iverson. tmz reporte
. >>> the british economy is about to get a $400 million boost thanks to none other than will and kate's special delivery. royal baby sleepwear, booties and so much more will be big biz for the royal family and retailers. >>> and check out this $3,000 watermelon. boy, i sure hope it's worth it. these black skinned melons grown only in japan's northern island of hokido are dense and sweeter than regular watermelons. >>> three sport radios hosts have been fired for...
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economy do you think steve game well i think it's one of somebody's going to do first of all is drag people into the market who wouldn't otherwise be able to get in there and what that does is it increases the supply. so i call it and it's not helped to help to guide silk to sell because the people who are on the float their properties suddenly get a whole new bunch of people in there with money in their pockets and the money in the pockets comes from two sources not just from the government handing out money to people and saying his five percent or twenty percent of thing is some cases and spend it plays they don't go to the banks and the banks leave that up even more all and if the banks stayed at the sort of money we know that they lock to do you know ninety five percent lead to valuation ratios and things like that they might multiply that money by a factor of four or five that does boost the whole economy it is more cash in circulation it's more demand it does drive up as it crosses and people who sell their houses can go shopping for them as ideas benz's and and so on so it doe
economy do you think steve game well i think it's one of somebody's going to do first of all is drag people into the market who wouldn't otherwise be able to get in there and what that does is it increases the supply. so i call it and it's not helped to help to guide silk to sell because the people who are on the float their properties suddenly get a whole new bunch of people in there with money in their pockets and the money in the pockets comes from two sources not just from the government...